Basic English
video details the many scams that are associated in the high levels of multi level marketing companies such as Quixtar along with some of the weaknesses that exist in the business model.
Not all Multi level marketing companies suffer from these weaknesses, but more than a few do and if you dont know what to look for when joining an MLM opportunity the chances of you losing money is extremely high.
Multi level marketing and Network Marketing do offer some great opportunities, however if you join with the wrong team those dreams can quickly melt away into unending debt.
Well you've just heard a pitch for a type of business that can make you "your own boss", "bring you financial freedom", or even "become and independent distributer", chances are it was from someone you know because your on their "warm" list.
This type of business is commonly referred to as multi-level marketing or MLM, although it may be called by other names, including network marketing, direct, or affiliate program. Why so many names? Because there are some schemes that get such a bad reputation, the "small businesses" change names to make them more attractive. Don't get me wrong there are some decent "opportunities" out there.
Within MLife MLM's "The Target Marketer", there is a whole chapter dedicated to evaluating your network marketing or MLM opportunity.
After listening to your "friends" speech about what they have to offer you, the feeling of empowerment and the idea of being more financially stable is blowing up your head like a balloon. There are many "MLM" programs out there that are under investigation or have several lawsuits against them from customers or even the FTC (Federal Trade Commission). This is because there are laws through out America that "pyramid schemes" are illegal. But not all of these multi level marketing opportunities fall under the same category. Keep in mind that the tips you receive to understand your multi-level marketing business are strongly recommended.
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